VIM-Avia to receive RUB 500 million from budget in VAT reimbursement

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VIM-Avia to receive RUB 500 million from budget in VAT reimbursement

VIM-Avia will receive RUB 500 million from the budget VAT reimbursement for the third quarter of 2017, Vedomosti reported.

Besides, Russia's Federal Air Transport Agency said that a contract for subsidized transportation services for a total amount of RUB 254 million had been concluded with the company, with RUB 215 million paid for the actually carried out flights.

VIM-Avia suspended charter flights on September 25 due to financial challenges and for lack of operating assets.